TORONTO, Oct. 28 /CNW/ - Ridgewood Capital Asset Management Inc.
("Ridgewood") announced today its intention to terminate the Ridgewood Total
Return Fund (the "Fund") effective December 30, 2008. As a result, the
investment activities of the Fund will be suspended and, effectively
immediately, the Fund will be closed to new purchases of units. This decision
was made primarily as a result of the small number of unitholders and assets
under management in the Fund.
In accordance with applicable securities legislation and the trust
agreement relating to the Fund, unitholders have been provided 60 days advance
written notice of the termination.
For further information:
For further information: please visit us at www.ridgewoodcapital.ca or
contact John H. Simpson at (416) 479-2751